Upstox Software Engineer Salaries by 10+ Employees (Updated 2025)

0 - 4 years exp.

₹9 Lakhs - ₹23 Lakhs

Salary of majority employees

Fixed (91%)

₹16.6 Lakhs

Variable (9%)

₹1.6 Lakh

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122% more than the average Software Engineer Salary in Financial Services Companies for 0 - 4 years of experience

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Last Updated: 11 Jul 2024

Companies similar to Upstox for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Zerodha Software Engineer Salary 0 - 5 years exp. (5 salaries)	Unlock ₹6.5 L/yr - ₹24 L/yr 19% less
Groww Software Engineer Salary 0 - 4 years exp. (41 salaries)	Unlock ₹14 L/yr - ₹37 L/yr 29% more
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Paytm Money Software Engineer Salary 1 - 2 years exp. (39 salaries)	Unlock ₹8.4 L/yr - ₹18 L/yr 32% less
Angel One Software Engineer Salary 2 - 5 years exp. (13 salaries)	Unlock ₹10 L/yr - ₹27.5 L/yr 16% more
Sharekhan Software Engineer Salary 3 - 7 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹14.8 L/yr 50% less
Morningstar Software Engineer Salary 1 - 6 years exp. (313 salaries)	Unlock ₹6.5 L/yr - ₹17 L/yr 37% less	7 job openings
Pine Labs Software Engineer Salary 1 - 5 years exp. (298 salaries)	Unlock ₹6 L/yr - ₹22 L/yr 25% less	1 job opening
Fidelity National Financial Software Engineer Salary 2 - 5 years exp. (128 salaries)	Unlock ₹3.7 L/yr - ₹16 L/yr 51% less
Franklin Templeton Investments Software Engineer Salary 4 - 13 years exp. (109 salaries)	Unlock ₹8 L/yr - ₹23 L/yr 4% less
TIAA Global Business Services Software Engineer Salary 0 - 8 years exp. (54 salaries)	Unlock ₹7.5 L/yr - ₹25.8 L/yr 19% less
Mr Cooper Software Engineer Salary 0 - 5 years exp. (47 salaries)	Unlock ₹7 L/yr - ₹14 L/yr 47% less	2 job openings
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CSC Global Software Engineer Salary 1 - 6 years exp. (38 salaries)	Unlock ₹3.8 L/yr - ₹9.5 L/yr 68% less	2 job openings
Synchrony Software Engineer Salary 2 - 7 years exp. (28 salaries)	Unlock ₹9.2 L/yr - ₹19.6 L/yr 36% less
Edelweiss Software Engineer Salary 1 - 7 years exp. (23 salaries)	Unlock ₹4.2 L/yr - ₹16.2 L/yr 49% less
Fidelity International Software Engineer Salary 0 - 2 years exp. (22 salaries)	Unlock ₹7 L/yr - ₹15.2 L/yr 46% less
Kotak Securities Software Engineer Salary 0 - 7 years exp. (18 salaries)	Unlock ₹3.2 L/yr - ₹12.5 L/yr 60% less
Invesco Software Engineer Salary 1 - 7 years exp. (18 salaries)	Unlock ₹5 L/yr - ₹14.3 L/yr 43% less
Ocwen Financial Solutions Software Engineer Salary 3 - 6 years exp. (17 salaries)	Unlock ₹4.8 L/yr - ₹9.8 L/yr 61% less
Sun Life Financial Software Engineer Salary 0 - 5 years exp. (14 salaries)	Unlock ₹5 L/yr - ₹13.4 L/yr 54% less
National Stock Exchange of India Software Engineer Salary 2 - 5 years exp. (13 salaries)	Unlock ₹4.5 L/yr - ₹13 L/yr 54% less

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Software Engineer salary at Upstox ranges between ₹9 Lakhs to ₹23 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 14 latest salaries received from various employees of Upstox.

Experience wise Upstox Software Engineer salaries

Last Updated: 11 Jul 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	Unlock ₹9 L/yr - ₹20 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹23 L/yr
Login to view exact salary
2 years (5 salaries)	Unlock ₹13.2 L/yr - ₹22.5 L/yr
3 years (3 salaries)	Unlock ₹15.4 L/yr - ₹22 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹7.9 L/yr - ₹22 L/yr

Similar Designation salaries in Upstox

Lead Software Engineer Salary

(4 salaries)

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₹44 L/yr - ₹53 L/yr

Senior Engineer Salary

(3 salaries)

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₹26.5 L/yr - ₹56 L/yr

System Engineer Salary

(AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr

Senior Software Engineer Salary

(21 salaries)

Unlock

₹16 L/yr - ₹55 L/yr

Lead Engineer Salary

(5 salaries)

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₹54.5 L/yr - ₹70 L/yr

Software Developer Salary

(12 salaries)

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₹9.5 L/yr - ₹29.42 L/yr

Software Development Engineer Salary

(9 salaries)

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₹15 L/yr - ₹28.6 L/yr

Web Developer Salary

(3 salaries)

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₹13 L/yr - ₹14.9 L/yr

Team Lead Salary

(11 salaries)

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₹2.2 L/yr - ₹5.5 L/yr

Senior Associate Salary

(6 salaries)

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₹4.95 L/yr - ₹10.45 L/yr

Top skills at Upstox for Software Engineer

Data Structures MongoDB NoSQL Computer science Coding Software Design Redis Load Balancing Failure Analysis Java OOPS Spring Boot Spring Algorithms Backend

Salary related reviews for Upstox

3.0

Rated by 2 employees for salary & benefits

Content Writer in Mumbai

Full Time

Content, Editorial & Journalism Department

3.0

• posted on 19 Feb 2024

3.0

for Salary and Benefits

Likes

1. Receive salary on time 2. Holidays granted without any hiccups 3. Office is located in front of the station

Skill development - Good

+1 more

Dislikes

1. Hybrid model discontinued 2. Long and unscheduled working hours 3. Management and managers unwilling to listen to feedback 4. Poor appraisals

Promotions - Poor

Software Developer Engineer 2 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Sep 2023

3.0

for Salary and Benefits

Likes

Fast pace environment, exposure to stock market, live user feedback on app as app is live on play store, experienced managers

Job security - Excellent

+3 more

Dislikes

Low salary hikes, might end wfh, only focused on stock market - restricted domain

Product Manager in Mumbai

Full Time

Product Management Department

2.0

• posted on 09 Jan 2023

5.0

for Salary and Benefits

Likes

...ritating emails, HR follow-ups for the same and so a lot of time is saved there. But for the annual variable pay, you do need to conjecture something up.

Salary - Excellent

+2 more

Dislikes

Lack of both product culture & engineering culture. Strategies and focus change week on week, month on month. Product has a dotted line reporting to engg which over time seems to be converting to a full line. With no clear direction, product rarely ships any impactful features and there is a constant struggle to catch-up with competition. It seems the primary aim/strategy is to get new users via marketing with minimum efforts into retention. There is no goal-setting process at quarter or annual level.

Skill development - Bad

+3 more

Engineering Manager in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 03 Jan 2023

4.0

for Salary and Benefits

Likes

Goos pay. You can thrive if u r going by reference from someone head or director level. You can seat and throw random nonsense at the engineers.

Salary - Good

Dislikes

No work life balance. Too many levels of people managers and few implementors. In the name of process they play favorites. Too many noise makers instead of helping or assisting to solve a problem they simple run skeleton dedicated crew thin and hang them dry. Technology head is petty and very biased and demoralizing. No sense of Saturday or sunday anytime call happens. People with connections with heads only make noise but when real work is question blame is put on already burdened developers.

Skill development - Poor

+5 more

Product Manager in Bangalore / Bengaluru

Product Management Department

3.0

• posted on 07 Sep 2022

4.0

for Salary and Benefits

Likes

Good WLB, good pay structure

Salary - Good

+3 more

Dislikes

Company has no vision. Its literally catching up with every other broker on the street. One day you copy Zerodha, on the another day you copy Groww. Its just sad to see the wasted potential of this company. I blame the leadership who promoted people from non-product backgrounds to product leadership and they are ruining the company. Every team works in silos which exasperates the problem

Skill development - Poor

+2 more

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Upstox Software Engineer Salary FAQs

What is the salary of Software Engineer at Upstox?

Software Engineer salary at Upstox in India ranges between ₹9.0 Lakhs to ₹23.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 122% more than the average Software Engineer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Upstox India.

How does the salary of a Software Engineer at Upstox India compare with the average salary range for this job?

The average salary of a Software Engineer at Upstox is 122% more than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Software Engineer at Upstox?

Data Structures, MongoDB, NoSQL, Computer science and Coding are some of the popular skills required to work as a Software Engineer at Upstox India.

Which similar companies are paying more than Upstox to a Software Engineer in India?

Groww Software Engineer Salary - ₹14.0 Lakhs to ₹37.0 Lakhs per year
Angel One Software Engineer Salary - ₹10.0 Lakhs to ₹27.5 Lakhs per year

What is the salary of a Software Engineer in companies similar to Upstox in India?

Franklin Templeton Investments Software Engineer Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
HDFC Securities Software Engineer Salary - ₹2.3 Lakhs to ₹33.0 Lakhs per year
Zerodha Software Engineer Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year
TIAA Global Business Services Software Engineer Salary - ₹7.5 Lakhs to ₹25.8 Lakhs per year
Pine Labs Software Engineer Salary - ₹6.0 Lakhs to ₹22.0 Lakhs per year

What is the estimated take home salary of a Software Engineer at Upstox in India?

The estimated take-home salary of a Software Engineer at Upstox ranges between ₹1,22,413 per month to ₹1,25,992 per month in India. The take-home salary calculation is based on the average Upstox Software Engineer salary in India which ranges between ₹9.0 Lakhs to ₹23.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Upstox?

According to AmbitionBox, 63% of the Upstox Software Engineers reported a notice period of 1 Month, 37% reported a notice period of 2 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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Upstox Software Engineer Salaries

Upstox Software Engineer salary in India ranges between ₹9 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Upstox latest salaries received from various employees of Upstox.